Archive for the ‘Florida Luxury Properties’ Category

postheadericon Lakewood Ranch Foreclosures- Buying Strategies

Market Preparation Helps Lakewood Ranch Foreclosure Buyers

Foreclosure Wave Could Also Signal Opportunity

 

If you are organized and willing to put in some serious spadework, buying a Lakewood Ranch foreclosure can save you thousands of dollars. A new wave of foreclosures could be heading our way later this year. According to RealtyTrac, the leading source of foreclosure statistics, one in every 665 national housing units received a foreclosure filing in June. More foreclosures mean more opportunities; but it also means that more buyers will begin to think seriously about going after them. In other words – more competition.

If you have never looked into what is involved in snagging one of the foreclosures in our area, a few basics will greatly improve your chances for success:

 

Do Your Research So You Can Act Quickly.

The foreclosure market performs differently from the traditional market. Arming yourself with accurate comps and knowledge of Lakewood Ranch trends will enable you to recognize the right opportunity as soon as it arises – ideally, before other buyers catch wind of it. Working with a knowledgeable agent who keeps you informed is the quickest way to get up to speed. It will help you avoid being dragged into bidding wars with other deal-shopping buyers. Since under-bidding will cause you to miss the best opportunities, and over-bidding will defeat your whole purpose, up-to-the-moment market knowledge is essential for formulating a canny offer.

Weigh in With Cash.

Time is an important factor in buying a Lakewood Ranch foreclosure. Your goal is the same as the seller’s: to close the sale as quickly as possible. Naturally, paying cash up front is the simplest route to a speedy closing. If you are buying as an investment, that means targeting only properties that are within your financial reach. As Ron Peltier of HomeServices of America puts it, “A cash buyer who can close in 10 days can certainly get the best deal.” Since closing on a house via traditional mortgage can take anywhere from 30 to 60 days, it is clear which route sellers prefer.

3. Create Clean Offers.

If, like many of my clients, you can’t really afford to propose an all-cash deal, you can still create an offer that lands your foreclosure. Writing a clean offer – one with simple terms and serious cash down — can bring a favorable reaction. Let’s face it: bank officers don’t want to fuss with complicated terms or repairs. A buyer with 20% down, a confirming loan and an “as-is” offer will get a lot more consideration than a buyer with an FHA loan and a minimal deposit. Success means targeting foreclosures at a price point where you can afford to put as much down as possible…then being ready to get dirty and make any needed repairs yourself.

As with any vigorous market, participants need to play by the rules or else be stuck on the sidelines. If you are considering buying a Lakewood Ranch foreclosure and are looking for an experienced agent to stand by your side, call me — and let’s get to work!

 

postheadericon Recent Positive Real Estate News Can Be Boost For Lakewood Ranch Home Sales

Lakewood Ranch Home Sales Could Benefit From Press Change

Home Sales Price, Volume Rises Make News

 

As usual, the first week of July brought the usual report cards on home sales and other real estate data: the “second quarter stats.” The start of summer signals the beginning of what journalists call the slow news season (in Washington, the ‘silly season’) – a slowdown in the drumbeat of nonstop crises and turbulence in world and national affairs. Sometimes I think the most welcome result is the relief that comes from realizing that we don’t even need to glance at newspapers and TV news. Nothing new is happening. Thank goodness! That’s a mini-vacation all by itself.

 

One side effect it that it is much more likely that you may have missed some good news that could affect Lakewood Ranch homes sales. And possibly a subtle change in the way that news is beginning to be presented.

 

Reports from the National Association of Realtors, the Census Bureau and others have been looking up for a while, but reports in the national media have emphasized the caution signals. Lately there seems to be a shift in emphasis, if not content. The New York Times reported on the 19.8% increase in home sales in the last 12 months – and for once, the Grey Lady spent more ink on the ‘upswing’ than on the lagging recovery. “…Real estate was far down the list [of categories] investors had to worry about,” said the Times. Coming from that source, it was the journalistic equivalent of a ticker tape parade.

 

USA Todayheadlined “HOUSING PRICES RISE IN MOST U.S. CITIES,” and went on to quote economist Maury Harris stressing the importance of positive headlines. “It’s a confidence builder at a time when Americans really need something good happening.” He has a point: in the past, Lakewood Ranch home sales, like those everywhere else, tend to reflect the national temper even though real estate is a very Lakewood Ranch phenomenon.

 

The Christian Science Monitorreported on the “lift to the long-suffering housing market” provided by the record lows in mortgage rates. They pointed out that previously occupied home sales contract signings matched the “fastest pace in two years,” with prices “rising in most markets.”

 

The Wall Street Journal sounded a bit more encouraging, as well. “Generally speaking,” they reported, “home prices are rising again in most markets because demand is up strongly from one and two years ago, which the number of homes for sale is down sharply.”

 

Of course, every neighborhood in Manatee County is unique — and getting accurate home sales information for properties that are similar to yours is a necessary step when you go about evaluating your own family’s home buying or selling plans. For accurate and up-to-date information, feel free to contact us anytime for a consultation.

postheadericon Lakewood Ranch Home Sales, How To Sell Your Home Effectively

Home Selling Bradenton Florida Manatee County
Posted on Jul 08, 2012

Simple But Effective: Manatee County Real Estate Front Yard Marketing ‘For Sale’ Signs = You Mean Business

When it comes to Manatee County Real Estate property search resources, one tool house hunters rely on without hesitation is so simple they probably don’t even think about it. Although online sites and search engines are incredibly valuable, some stall users until they give up their email address. Classified ads may be tried and true, but often require searchers to make a phone inquiry to learn the address in question. But there is a low-demand, high-yield, unequivocal property search aid without any of those drawbacks: the good ol’ frontyard ‘For Sale’ sign.
It may seem like an awfully old-fashioned marketing method, but that sign remains one of the most effective tools we recommend to attract buyers. With the prices of single-family homes on the rise in half of the largest US cities, many who have been on the sidelines waiting for the market to turn around are revisiting the idea of selling. For them, what about putting out that ‘For Sale’ sign?
One advantage is obvious: signs alert the most interested potential buyers – those already on a property search in Bradenton Florida. Your agent’s posted cell phone number (or a number that plays a recorded message) will certainly draw inquiries from interested buyers. Although its reach is a tiny fraction of the Internet’s, not everyone begins a property search online. To reach potential homebuyers who have targeted your neighborhood, the humble sign can be your #1 marketing tool.
Today’s Manatee County Real Estate, property searchers have cell phones, most of which have aps which recognize a digital feature some of today’s yard signs display: a QR code. When a QR design appears on a For Sale sign, users just use their phone to scan the code and instantly gain access to the agent’s web page with full information about the property. Not so old fashioned, after all…
Drawbacks

The main disadvantage is location location location: only people who already live in the neighborhood or pass by the property will see it. The quality of those reached is high, but their numbers don’t compare with what online listings can yield. Too, some homeowners are nervous about the idea of seeming to invite unwanted visitors – although the addition of a “call for appointment” tag usually resolves that issue. For those who are shy about announcing to the neighborhood that they are ready to move, it’s good to remember that the goal of marketing a home is to attract as much attention as possible: hiding the ‘product’ is counter-productive.
There are many ways to advertise a house for sale. Many homebuyers’ property search begins with an agent; some with an online session…but for others, that simple yard sign can be what prods them into thinking about the home that could be theirs. For anyone planning to market their own Manatee County Real Estate home, the surest first move is to hire a professional: an agent with a proven multimedia marketing plan. And you can bet that a good old-fashioned (or nowadays, new-fashioned) yard sign will be part of it!
Call Us Today For A Free Market Analysis To See What Your Home In Bradenton Florida Is Worth in The Open Market!
941-518-0708

postheadericon Lakewood Ranch Real Estate Market Attracting Foriegn Investors

Lakewood Ranch Real Estate Part of Global Investing Picture
Foreign View:U.S.Homeowners Sitting Pretty
Foreign Buyers Snap Up Residential Real Estate

For quite a while, Lakewood Ranch residential real estate holders – that is, homeowners – haven’t had to work very hard to come up with a description for the U.S. real estate market. ‘Lousy’ certainly came to mind. ‘Bleak’ was a strong contender. ‘Cautiously optimistic,’ at best a distant third.

Lakewood Ranch Real Estate

Find A Home In Lakewood Ranch

So this months Wall Street Journal report came as a quiet reminder that, for serious-minded investors who view our situation from a less-involved perspective, our residential real estate outlook is neither lousy nor bleak. In fact, the combination of lower residential prices and the international currency environment has created a ‘property-buying binge’ by Asians, Canadians, Europeans and Latin Americans – more than 60% of whom pay in cash.
“There’s this international view that America is on sale,” according to one property manager. He should know; he’s an executive whose Chicago-based company buys foreclosed homes and manages them for investors. A year ago, all of his investors were domestic. Now, one in five is foreign.
Whereas before, most foreign residential real estate investors were interested in ‘trophy’ properties to enhance their personal prestige, the new onslaught is coming from buyers who see that they can earn high returns by buying here, renting, then reselling in the future when the market rebounds. It seems that in many countries, a residential real estate downturn is expected, but has yet to occur. In their estimation, ours is already history.
It looks like “a gift,” according to one developer, who judges that an oceanfront condominium in Rio de Janeiro sells a level 50% higher than an equivalent property in Miami. International or domestic, investment money is always drawn to bargains — but when bargain basement prices are combined with the perceived safety represented by U.S. residential real estate, the lure is apparently irresistible.

FOREIGNERS SNAP UP PROPERTIES IN THE U.S.” was Nick Timiraos’ headline, with a caption that read, “To many Americans, plowing money into real estate has never looked like such a risky venture. But to many foreigners, U.S. housing has never looked like a smarter investment.”

Thanks, Nick, for giving us some outside perspective; I guess we can adopt the ‘cautiously optimistic’ view with a lot more confidence. If you have been waiting on the sidelines to make your own Lakewood Ranch residential real estate investment, I hope you will give us a call when you decide that now is the time to invest in property in Lakewood Ranch and the Bradenton area. We are standing by to help you find the property you’re looking for!
6113 Exchange Way
Lakewood Ranch FL, 34202
941-907-9444

E Loans Mortgage Inc

6113 Exchange Way

Lakewood Ranch FL, 34202

727-946-0904

postheadericon Foreclosures In Spring Hill Florida, A Diamond In The Rough?

 

Spring Hill Florida Bank Owned

Homes: Buying Opportunity

 

“Fixers” Reward Patience, Prudence, and Realism

 

These days the words “bank owned homes” have become practically synonymous with a single word: “opportunity.” With prices and mortgage rates this low, first time home buyers, investors and seasoned property owners alike are looking at a raft of buying options unlike any Spring Hill Florida has seen in a very long time.

Hernando County Real Estate

Hernando County Real Estate

 

That option of buying a bank owned home has certainly opened a viable route for those looking to own a home at the fraction of what it cost just a few years ago. But not without a price: the best Spring Hill Florida bank owned home bargains are almost certain to fall into the ‘fixer-upper’ category.

 

When considering the purchase of one of our Spring Hill Florida bank owned homes, I’ve found that my most successful clients have a few qualities in common:

patience – they wait until they’ve found a house that suits all their needs

prudence – they resist the temptation to take out too big of a loan

realism – they know how much hard work they will be willing to put into the house

 

Finding the right fixer-upper should be approached as a process: in other words, never buy the first home you see until after you’ve checked out some of its competition. There are more foreclosures on the market than ever – a phenomenon that works to your advantage. When you do find the right home, make sure to take out a loan that makes sense. Often people who are in a hurry to buy a house are tempted to take out a loan without giving enough consideration to its immediate and long-term implications. Being coolly realistic as you work out the numbers will pay off for a long time.

 

Once a bank owned home is officially yours, the hard (often fun!) work begins. Buying a home in need of repair has always been the surest way to find a deal, but it is also the way to improve or develop home maintenance skills, bond with family members, and keep a tight rein on the family budget. Here, too, you need to be careful not to get carried away– you don’t want to overbuild or overdevelop beyond what is appropriate for the neighborhood setting. In other words, keep your end goals in mind. My advice to clients varies depending on their individual needs: Is it an income property? Or the family home for the next 15 years?

 

Foreclosures show no signs of slowing down in the near future, so this May’s buying market is opportune. If you’re considering buying a bank owned home in Spring Hill Florida, call me today to go over your options and to put a plan into action!

Tina Fingerman:

Professional Realtor

Agent Trust Realty

727-946-2348

Steve Fingerman:

President

E Loans Mortgage

NMLS # 276682

727-946-0904

postheadericon FAIR Files Additional Lawsuits Against Florida Home Owners Insurance Carriers

Thank You Channel 10 News For Continued Coverage. FAIR is commited To Bringing Balanced Reform For Florida Home Owners. For Information On Joining The Class Action Please Click On the Citizens Class Action LawSuit Button At The Top Of The Screen.

E Loans Mortgage In Spring Hill FL, and Steve Fingerman will continue to fight for Florida Home Owners To Keep Home Ownership In Florida, I Proud To Be A Part Of This Action And Committed To Keeping Home Ownership In Hernando County and The Surrounding Tampa Bay Area Affordable.

Please Subscribe To The Right And Forward This Site To Your Friends Using The Buttons Below.

The 10 News Investigators have learned the group suing Citizens Insurance over its insurance practices will file more lawsuits Monday.

We’ve learned that group — FAIR — will be filing class-action lawsuits against private insurance companies Monday.

Those suits will go along with the cases they’ve already begun against Citizens.

The 10 News Investigators have been leading the way on this. Following reports by 10 News last fall, allegations surfaced.

The claims: insurance companies statewide are setting the replacement costs of some homes extraordinarily high — much higher than they should be.

That means the companies can charge you more to insure your house. The technique lets them make more money and dodge state laws that limit how much they can raise your rates.

That practice is what led the group FAIR — Florida Association for Insurance Reform — to the steps of the state Capitol last week.

FAIR announced it’s suing Citizens Insurance over the issue. Citizens is run by the state and backed up by Florida taxpayers.

PREVIOUS COVERAGE:

postheadericon What’s Not Covered In Florida Home Owners Insurance?

Do You Know What is NOT Covered in Your Home Owners Insurance Policy?

You Might be Surprised

 

In recent years, insurance carriers in Florida have added many exclusions to property insurance policies, with little oversight or public debate. These exclusions are drafted into policy leaving consumers with less coverage for the same (if not higher) premium.

Because many policyholders rarely read every word of their large and complex policies, they may not even be aware of what is NOT covered. Since policyholders are unable to negotiate policy language, they are left with a choice of accepting the changes, purchasing new endorsements or seeking a different carrier.

Examples of common policy exclusions include:

Eliminating Your Rights to Appraisal – For 200 years, policies have included the binding appraisal process to settle disputes between insurance companies and the insured over amount of loss or value of damaged property. Many insurers are restricting or eliminating this provision, which provides important consumer protections.

 

Giving You a Sinking Feeling – Many policies no longer cover damage from sinkholes unless the sinkholes are deemed “catastrophic,” usually meaning large and sudden. But slowly occurring sinkholes can cause catastrophic damage to a home and its value. Damage can run into the hundreds of thousands, often more than the value of the home, leaving many homeowners with no other choice than to walk away from their mortgages.

 

Requiring You to See Through Walls – Most insurance claims deal with water damage, often stemming from damage behind walls or under slabs that doesn’t become noticeable for weeks or months. Citizens and other insurance companies now deny claims for leakage occurring over more than 14 days, even if it is hidden from sight. In fact, Citizens has just announced plans to further expand its water exclusion.

 

Eliminating Coverage for Mold – Where there is water damage mold often forms. Though it is recommended that water be removed and damaged areas dried within 48-72 hours, company insurance adjusters often are unable to visit the home within that time. No matter the reason, if mold forms, most companies will no longer cover the cost of its removal.

 

Leaving Screened Structures Uncovered – Popular in Florida, screened enclosures used to be covered under most homeowner insurance policies. Many carriers have now added exclusions that remove screened structures from coverage.

 

Re-Defining “Falling Objects” – Typically, damage from falling objects in a home or condo (such as floor damage from a falling light fixture or fan) is covered. Citizens’ new condo policy, however, only covers such damage if the falling objects come down from the sky through your roof or walls. Great coverage for meteorites, but little else.

Join FAIR BY CLICKING HERE

postheadericon Florida Vacation Homes: Finding the Right One

The Florida Real Estate market features one of world’s most scenic beach clusters. If you are looking for a place that presents a fantastic blend of adventure, beach, wildlife and sightseeing, then visiting Florida Real Estate can be a great option for you. Florida attracts a huge chunk of travelers every day. No wonder then that the need for Florida vacation rentals is considerably high round the year.. Good Florida vacation homes not only ensure that you get a great place for accommodation but also guarantee highest standards of privacy and personal touch. While selecting Florida vacation property, you are advised to make note of the following factors:

-Research
-Luxury
-Market Price
-Amenities

Research plays a crucial role while finding Florida vacation homes. Go through the website in order to get an overview of the accommodation standards. Many Real Estate listing companies in Florida provide virtual tours of a variety of Florida vacation properties. Going through these tours help you get a decent idea on the accommodation standards available with these Florida vacation rentals. Take some guest references for help. Striking a word with some of the previous guests can give you an actual picture of the quality of service and rooms available at your choice of Florida vacation rentals.
Florida without resplendent luxury is not even half the fun. Check up on various Florida gulf vacation homes and buy one that offers your premium luxuries. 

If you are looking for splendid Florida vacation Property your search ends at Agent Trust Realty, a leading Florida Luxury Home listing company that spells luxury, affordability and fun and offers premium services to make your stay in Florida a memorable one. For more details and information or to book a Florida vacation rental, visit www .breeze-vacation-rentals.com.

For More Information About Real Estate In Florida and Homes For Sale In Spring Hill Please visit http://www.e-loanmortgage.com/

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